EMRG

Bad EU decision on FX loans won’t affect Millennium Bank’s recovery plan – CEO

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WARSAW, Jan 31 (Reuters) – Millennium Bank (MILP.WA) The recovery plan will not be affected even if there is a negative decision on the Swiss franc mortgage by the European Union’s highest court, CEO Joao Bras Jorge said on Tuesday. Hundreds of thousands of Poles, who borrowed in Swiss francs because of the low interest … Read more

The IMF has approved $38.4 million in additional financing for Guinea-Bissau

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DAKAR, Jan 30 (Reuters) – The board of directors of the International Monetary Fund has approved a $38.4 million credit extension for Guinea-Bissau to support the economic recovery of the West African country and policies to improving management, said the finance on Monday. Bate Felix Report; directed by Jonathan Oatis Our standards: The Thomson Reuters … Read more

Colombia’s attorney general said he would not issue warrants

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BOGOTA, Jan 30 (Reuters) – Colombia’s attorney general will not revoke warrants aimed at extraditing drug lords and will only arrest them if Congress approves. a law that allows these goals to be presented themselves, he said on Monday. Attorney General Francisco Barbosa made the statement to reporters after meeting with President Gustavo Petro, who … Read more

Nord Anglia Education injects 2 bln euro farm loan into market tests

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LONDON, Jan 26 (Reuters) – Nord Anglia Education, a private school organization in London is supported by the private equity firm EQT. (EQT.N)raised about 2 billion euros ($2.18 billion) in debt on Thursday, according to a time sheet seen by Reuters. The deal could help pave the way for potential lending by other media companies, … Read more

Pakistan seeks US help in unlocking $1.1 billion IMF loan – Dawn

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Jan 26 (Reuters) – Pakistan is seeking support from Washington to open a temporary International Monetary Fund program that will release $1.1 billion to its struggling economy as the country rebuilds after devastating floods. last year, the Dawn newspaper said on Thursday. The IMF and Pakistan signed a $6 billion loan in 2019, which added … Read more

China’s development loans to developing economies fall to 13-year low in 2021 – study

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LONDON/JOHANNESBURG, Jan 24 (Reuters) – Loans made by China’s two main commercial banks fell to a 13-year low of $3.7 billion in 2021 as Beijing cut funding. for large oil projects, a study from Boston University Global Development. Policy Center revealed. Commitments made to 100 developing countries by the Export-Import Bank of China (China EximBank) … Read more

Qatar Investment Authority raises stake in Credit Suisse to less than 7%

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DUBAI, Jan 23 (Reuters) – Qatar’s sovereign wealth fund has increased its stake in Credit Suisse (CSGN.S) at less than 7%, making the Swiss bank the second-largest shareholder after the Saudi National Bank, in a sign that its business bases in the Gulf are growing in importance. The Qatar Investment Authority (QIA) bought 139.03 million … Read more

Unions urge Biden administration not to change EV tax credit rules

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WASHINGTON, Jan 20 (Reuters) – A number of unions and civil society and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to reconsider strengthening car taxes. America’s electricity. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August limited the $7,500 consumer tax credit … Read more

Protesters target BNP in Paris over loan to oil company

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PARIS, Jan 20 (Reuters) – Protesters from the movement End Rebellion gathered outside BNP Paribas. (BNPP.PA) building in Paris on Friday to protest the French bank’s loan to an oil giant leading an East African oil pipeline project. About 40 participants defaced the sign of the BNP office in the center of the Opera quarters … Read more

Israeli court reform a ‘bad case’ for credit ratings, S&P says

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JERUSALEM, Jan 12 (Reuters) – Israel’s new right-wing government’s judicial reform plans could strengthen the country’s debt situation even if it remains in control. budget, according to an S&P analyst, could also increase tensions with Palestine. In an interview with Reuters, the director of Global Ratings Maxim Rybnikov said that the agency is following the … Read more